Asset Management Consulting
Cornerstone's investment committee utilizes a proven process to develop comprehensive investment solutions for each client.
- Investment Policy Statement
- Portfolio Design
- Manager Selection
- Performance Analysis
- Customized Performance Reporting
- Fiduciary Compliance
- Comprehensive Monitoring
Gift & Estate Design Consulting
Cornerstone provides support for your planned giving staff and can assist in the preparation of estate and gift design proposals.
- Field Staff Support
- Deferred Gift Consulting
- Donor Support
- Complex Gift Support
- Document Review
- Gift Analysis
Planned Giving Administration
Cornerstone provides complete administration and compliance for all types of planned gifts including Charitable Trusts, Gift Annuity Programs, and Donor Advised and Endowment Funds.
- Cash Flow Management
- Distribution Processing
- Quarterly Reporting
- Fund Tracking
- Federal and State Tax Returns
- K-1 and 1099 Preparation
- Reserve Calculations
- State Compliance
Our Approach to Asset Management
The first step in our process is a comprehensive analysis of your existing investment program. This diagnosis indicates the subsequent steps in the process and highlights any unusual circumstances of which we must be aware.
Identity Goals & Constraints
Following diagnosis, we identify goals, objectives and constraints including those unique to your specific situation.
Develop Investment Policy
This information is distilled into a comprehensive, written investment policy statement for each portfolio. The tenets of modern portfolio theory are integrated with current investment insights. These insights take into consideration current business cycles and sociopolitical, economic developments and climates to yield flexible investment strategies and concrete documentation that fulfills all fiduciary requirements.
Develop Appropriate Allocation Models
The investment policy statement culminates in an asset allocation recommendation. Effective diversification of the selected asset classes will result in an efficient portfolio that optimizes risk and return, thereby satisfying stated goals and achieving fiduciary compliance.
Select Manager Universe
After the portfolio design is completed, Cornerstone selects asset managers from a broad database. Selection is predicated upon multiple performance factors including volatility, correlation and compatibility with client objectives and policies.
Monitor Managers/Accounting & Reporting
Managers are monitored for performance and compliance. They are evaluated relative to their peers and relative to an appropriate, pre-established benchmark. Managers with deficiencies are recommended for replacement. Portfolio progress is evaluated utilizing a combination of third-party benchmarks and policy objectives.
Cornerstone's process assists clients in achieving the following goals:
Implement systematic investment philosophy
Improve fiduciary compliance
Enhance risk adjusted return
Capitalize "known" sources of return
Customized, Scalable Portfolios designed by Committee
Backed by Cutting-Edge Research and Supported by Experienced Staff
Cornerstone utilizes a team approach when structuring and administering investment portfolios. Our investment committee oversees all aspects of portfolio design including asset allocation, manager analysis and liability management. Through the comprehensive use of sophisticated software and integrated research platforms, Cornerstone is able to create customized, scalable portfolios to meet specific client objectives. Our investment team and administrative team are seamlessly integrated to ensure that the complex liability arrangements associated with most deferred gifts are executed in a smooth, skillful and tactically advantageous manner.
A written investment policy statement encapsulates the objectives, constraints and unique circumstances associated with each portfolio and serves as the blueprint for our proactive investment process. Engaging the services of Cornerstone Management brings years of experience to your organization's staff. Whether an estate and gift-planning department is just an occasional "wish list" item at board meetings or a dynamic, productive part of your development efforts, we can serve you. Our goal is to strengthen investment performance, enhance administration and enrich donor relations as we become an integral part of your team.